Premium travel demand surges

BTN News
Thursday, 01 July 2010
Australia's Qantas group says business travel is picking up.

Qantas and its low-cost offshoot Jetstar said: ''Increased competition continues in the low-fare aviation market, (but) the premium market, including the business travel market, continues to improve."

The group's monthly operating numbers in May showed yields remained weak despite a 7.6 per cent increase in passenger numbers for the year to date.

Yields were 11.4 per cent lower compared with the prior corresponding period.

Domestic yields were 3.4 per cent lower and international down 12.2 per cent.

Meanwhile, the International Air Transport Association (IATA) says international passenger traffic rose by 11.7 per cent in May.

IATA ceo Giovanni Bisignani said demand ''rebounded strongly in May".

'Passenger traffic is now one per cent above pre-recession levels, while the freight market is six per cent bigger,'' Bisignani said in a statement.

Premium travel demand surges

BTN News
Thursday, 01 July 2010
Australia's Qantas group says business travel is picking up.

Qantas and its low-cost offshoot Jetstar said: ''Increased competition continues in the low-fare aviation market, (but) the premium market, including the business travel market, continues to improve."

The group's monthly operating numbers in May showed yields remained weak despite a 7.6 per cent increase in passenger numbers for the year to date.

Yields were 11.4 per cent lower compared with the prior corresponding period.

Domestic yields were 3.4 per cent lower and international down 12.2 per cent.

Meanwhile, the International Air Transport Association (IATA) says international passenger traffic rose by 11.7 per cent in May.

IATA ceo Giovanni Bisignani said demand ''rebounded strongly in May".

'Passenger traffic is now one per cent above pre-recession levels, while the freight market is six per cent bigger,'' Bisignani said in a statement.